.webp)
Defining The Value of Digitalisation
Mining enterprises are searching for solutions to better connect their intelligent assets,
while
contextualising and sharing information throughout the enterprise. VERTEX provides solutions
to
the
key issues related to digital technology:
• How do find out in real-time the causes for low performance of
mining
operations?
• How do analyse the risks related to different environments and
situations, including the impact on personal safety?
• How to utilise data as competitive intelligence for the
commercial
market?
• How to improve the maintenance plans of capital equipment to
increase
its predictability?
Priorities of Digital Transformation
Operational efficiency is a top priority for the short and long-term goals of digital
transformation. Mining enterprises must control the capital costs and improve the efficiency
of
existing assets whilst increasing production.
01 Short-term Focus: Equipment Optimisation, Energy Utilisation and
Safety
“If the equipment can perform self-diagnosis and tell you it’s failure as
well
as
when and how to solve it, that is an opportunity for profit... We are
talking
about
reducing costs by hundreds of thousands of dollars by simply monitoring the
machine
and making decisions remotely.”
The profitability (in one to three years) of
mining
enterprises prompts them to solve the problem of low performance from the
source.
For mining enterprises, the greatest returns usually come from the
improvement
of
operation and maintenance and better equipment availability.
Strengthen remote operations and strive for
more
predictive maintenance methods.
Improvement of energy utilisation is also a key
short-term priority. Along with lower ore grades and tougher operation
requirements
for deeper pits and more remote regions, the energy demand for mining and
transport
is increasing as well.
30%
In typical mining enterprises, energy costs account for about 30% of operating costs.
“As fewer people work on the surface of mines and on equipment, and the
frequency of
equipment maintenance is reduced, the safety of mining operations will
improve.
The
safety benefit [of digital transformation] is far greater than anyone can
imagine.”
02 Long-term Target:Transformation Across The Value Chain.
In the long term (four to six years), improvement of supply chain integration as an expected
result
is second only to the improvement of operational efficiency. Research shows that mining
enterprises
should prioritise the investment on IIoT infrastructure, Mining Information System (MIS),
mobile
equipment, simulation, fleet management and other digital technologies that can affect the
preliminary system.
Mining enterprises will realize the real-time visibility of
overall
supply chain through investment.
Mining enterprises integrate the production and
transportation
system
with the business and marketing system, in order to improve business and
after-sales
service.
Mining enterprises also expect to guide the management
philosophy
and
decision-making, and support innovation through digital transformation.
Result Prioritisation
of VERTEX for The Next 3 Years
1. Improve operational efficiency.
2. Increasing the overall equipment effectiveness (OEE).
3. Increase sustainability and reduce costs.
4. Improve Environment Health and Safety (EH&S).
5. Achieve supply chain integration (bundled).
Result Prioritisation
of VERTEX After 3 Years
1. Improve operational efficiency.
2. Achieve supply chain integration.
3. Guide management philosophy and promote decision-making and
innovation.
4. Reducing maintenance costs (bundled)
